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Petrol price hiked by 5 paise a litre, diesel by Rs 1.26

New Delhi: For the third time since last month, the prices of Petrol and Diesel have shot up as they have now been hiked by 5 paise per litre, and Rs 1.26 respectively.

The Indian Oil Corporation Ltd. has decided to effect the following price changes with effect from midnight today.

With this change, the price of Petrol in Delhi will become Rs. 65.65/litre and Diesel will become Rs. 55.19/litre.

The current level of international product prices of Petrol and Diesel and INR-USD exchange rate warrant decrease in price of Petrol and increase in price of Diesel, the impact of which is being passed on to the consumers with this price revision.

Petrol and Diesel prices had been hiked last on May 16th and May 31st. (ANI)